The head of the failed Japan-based bitcoin exchange Mt. Gox was arrested in Tokyo on Saturday on suspicion of inflating his cash account by $1 million, authorities said.

Mark Karpeles, 30, is suspected of accessing the exchange's computer system in February 2013 and inflating his account, Japanese police said. If found guilty, the France-born Karpeles could face up to five years in prison, or a fine...

A move from transit-rich New York to car-crazy Los Angeles prompted Manuela White to spend more than $17,000 on a used Toyota Corolla sight unseen with just a click on her laptop.

White, 25, purchased her car from Beepi, which along with start-ups that include Carvana, Shift, Vroom and others is creating a new digital business model selling and buying used cars. They provide a virtual showroom and...

The HTC Vive virtual-reality headset could go on sale in the coming months. What people watch on the headsets could be up to start-ups such as WeVR, which HTC invested in.

The HTC Vive virtual-reality headset could go on sale in the coming months. What people watch on the headsets could be up to start-ups such as WeVR, which HTC invested in.

(HTC)

HTC Corp. announced it is putting about $10 million in WeVR, a Venice start-up that’s building software to create, transmit and play virtual-reality content on a range of devices. The deal gives HTC a 15% stake in the company.

With HTC’s smartphone business plummeting, Chief Executive Cher Wang has pegged virtual reality as a transformative technology and potentially the company’s next big market....